Understanding the Process of Strategic Planning

2974 WordsJan 9, 201812 Pages

Strategic Planning
Name
Professor
Institution
Course
Date
Strategic Planning
Understanding the process of Strategic Planning
Mission, Vision, Objectives, Goals, and Core Competence of the chosen organization
Strategic planning is an essential component in the growth and development of any business entity with the aim of enhancing its financial resources while reducing the cost of distribution and manufacturing of the products. Coca-Cola Company, UK, is one of the major players towards the development of the economy. This company focuses on the manufacturing and distribution of soft drinks and other relevant beverages. In the execution of this research project, the focus will be on the Coca-Cola Company-UK with the aim of understanding how to adopt and implement strategies in the context of the organization. Coca-Cola Company-UK focuses on the accomplishment of three critical missions: refreshing the world, creation of value and being the difference, and provision of inspirational moments in relation to happiness and optimism. In order to achieve these missions, the organization has to inculcate quality strategies towards the achievement of the competitive advantage thus fighting stiff competition within the industry of operation (Data Monitor, 2011).
The organization also adopts and integrates framework in the form a vision to facilitate the achievement of the mission. The vision of the organization focuses on the components of the five Ps': people, portfolio,

According to Rev Esp Cardiol. 2012 the process of strategic planning the SP, process is divided into five stages e.g. defining the Mission, Vision and Values. Mission statement defines the overall purpose of the organization. The vision statement is a written statement that presents the future image of the HO after the transformation process. Values are the set of principles, rules and cultural aspects governing the HO and determining their institutional behavior. Strategy Formulation

Strategic Planning Process and Plan
Harper College’s Information Technology (IT) Client Services department houses the Information Security group. This group does not gather most of its own data, so the leaders will need to gather metric information from other College areas.
Harper College Mission and Vision
The Harper College mission is “Harper College enriches its diverse communities by providing quality, affordable, and accessible education. Harper College, in collaboration with its partners

Dissimilar sources plan altered steps involved in the planning process, but in this case I will discuss on seven steps that are involved in the entire process. The first step is goal setting. This basically involves coming up with the main objectives and goals that the company wishes to establish within a particular period of time. It is a very important section because the company will operate with a view of the goal in mind, if it is not clearly established, and then the business could lose

and look for ways of planning on how to meet these long term goals. One of the most commonly used methods of planning for these goals is the strategic planning process. The strategic planning process is a process that helps organizations define their business objectives and looks at internal/ external situations to strategize a plan on how to implement and keep the plan on track for the organization to strive and succeed.
The strategic planning process is a multiply step process that helps an organization

Developing the Strategic planning process:
Strategic planning is simple process where as experience and knowledge on all aspects of strategic planning makes it easy. In an strategic planning there are some levels and regulations to organize it in efficient manner. First step in strategic planning is to identifying the team leader who is responsible for planning, participating, evaluating and organizing the staff. This maintains some roles, authority ,accountability for the strategic planning.
There are

Strategic Planning Process
No two people go through life the same exact ways. Some choose to live moment to moment while others feel the need to have a grander plan for their future. People develop plans for different scenarios in their life to include what college they will attend, what profession they want to enter, the type of wedding and even, when they want to get married. Individuals who live by a plan can often be heard referencing their Plan B or five-to-ten year plan. Just as individuals

Strategic Planning – Week 1
Keyla (Bolin, Niu)
Keiser University
MKT531
Marketing Management
Dr. Jeff Ritter
03/09/13
Strategic Planning Process
Strategic planning is refers to the development of the organization’s long- term goals and put forward into practice (Peter, 2013). Strategic planning system is the strategy, objectives, environmental factors, it is a process about the internal conditions and various elements integration and used to guide the rational allocation of limited

Part 1: The Process of Strategic Planning
1.1 Explain the concept of strategy, vision, mission, goals, objectives and core competencies.
Corporate Strategy.
"Strategy is the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfil stakeholder expectations".
(Johnson and Scholes, year)
Corporate Strategy is the direction and scope of action

aspects of the strategic marketing planning process. To have an effective plan/campaign in marketing in the world of sports or other areas, you must know organizations identity, research your competitors and know the market, target market (how you will reach them), and how you will meet their expectations of your client. The initial research will help give to provide your clients with a timeline, measurable, and realistic objectives.
Here are eight steps to the Marketing Planning Process created by

. Understand the principles of strategic planning
1.1 Evaluate a range of strategic planning models
When evaluating a strategic plan models, we should first consider the meaning of strategic planning. Strategic planning is when an organisation has a long term project, in between a year or two and this will involve the entire organisation workers to bring ideas together and look into each contributions before working on the plans, and this can be break down in three to four faces in other too be